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Company Information

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ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD.

19 September 2025 | 12:00

Industry >> Auto Ancl - Susp. & Braking - Others

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ISIN No INE342J01019 BSE Code / NSE Code 533023 / ZFCVINDIA Book Value (Rs.) 1,562.40 Face Value 5.00
Bookclosure 08/08/2025 52Week High 16685 EPS 242.90 P/E 54.51
Market Cap. 25113.08 Cr. 52Week Low 9561 P/BV / Div Yield (%) 8.47 / 0.14 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
1962

-Established as a Joint Venture with Clayton Devandre.

1982

-Commenced production of dual brake systems

1987

-Manufacture of Vaccum Products -Launch of TQM

1990

-High Pressure Compressors

1994

-Introduced products for Defence applications 1998

-First Indian Company to win Deming Prize

1999

-TPM kick off

-Launched Air Dryers, Automatic brake adjustemt and load sensing valves 2000

-Commissioning of proving ground

-Launch of ABS

-QS 9000 Certification

2001

-ACMA Gold Medal for technology development

-ISO 14001 Certification

2002

-Second company outside Japan to win Japan Quality Medal

-Launched locally developed Anti-Lock Braking System (ABS)

-ACMA award for technology

2003

-ACMA Gold Trophy for Manufacturing Excellence

2004

-Commenced production in the new plant in Ambattur, Chennai

2005

-WABCO inaugurates Software Design Centre, Chennai

2004

-Products meeting global standards

-Tata Cummins certificate for "Commendable efforts in Value Engineering and Cost Reduction"

2005

-Frost & Sullivan, India manufacturing excellence Overall Gold award

2006

-Eicher Motors certificate for "Value Engineering Support, Vendor Managed Inventory and State-of-the-art Design and Testing Facilities

2007

-Commenced production in the new plant in Jamshedpur, Jharkhand.

-JIPM - TPM Category 1 award

-Frost & Sullivan, India manufacturing excellence Super Platinum award

-Tata Cummins certificate for "Excellent Support in New Product Introduction" and "Best Cost Reduction"

2008

-Commenced production in the new plant in Mahindra World City, Chennai

-SCL Brakes division de-merged into WABCO-TVS (India) Limited.

-TATA Motors Vendor Meet - 2008 - "Recognition of enduring relationship"

-TATA Motors Vendor Meet - 2008 - "Excellence in Quality"

-VOLVO Eicher Commercial Vehicles Vendor Meet - 2008 - "Best Quality Vendor"

-TATA Motors certified for "Consistently maintaining Zero PPM over three years"

2009

-WABCO takes majority ownership. WABCO-TVS (India) Limited becomes WABCO INDIA LIMITED

- Wabco-Tvs (India) Limited has appointed Mr T S Rajagopalan as Chief Financial Officer of the Company.

-ACMA Gold Trophy for "Manufacturing Excellence"

2010

-Launched localized Clutch Servo, Automatic Slack Adjusters, Air Processing & Distribution Unit (APDA)

-Ashok Leyland Overall Quality Excellence Gold award for 2009-10

-VOLVO Eicher Best New Product Development supplier award for 2009

-Frost & Sullivan India Manufacturing Excellence Super Platinum award.

-WABCO-TVS (India) is offering an extensive range of products for the commercial vehicle control systems market.

-WABCO Factory in Chennai Wins India's Two Top Awards for Manufacturing Excellence.

-WABCO Expands OptiDrive Transmission Automation Technology to Medium Duty Trucks and Buses for Ashok Leyland, India's Second Largest Manufacturer of Commercial Vehicles".

2011

-TATA Excellence in Quality, Innovation & Technology.

-The Company has recommended a dividend of Rs. 5.00 per share, i.e. 100%.

-Company has changed its name from Wabco-TVS (India) Ltd. to WABCO India Ltd.                                                           
                                                    
2012
-WABCO launched its new manufacturing facility at Pantnagar, Uttarakhand.

-WABCO inaugurates its Plant 2 at SEZ, Mahindra Worldcity, Chennai

-"Safety Appreciation Award" from "National Safety Council", Tamilnadu chapter

-National Award for Excellence in Cost Management" from the Institute of Cost and Works Accountants of India (ICWAI) Second Award

-Ashok Leyland outstanding Co-location support Award.

2013 -- Board recommended a Dividend of Rs. 5 per equity shares.

2014 -- Board recommended a Dividend of Rs. 5 per equity shares.

2015 -Daimler Indias Innovations Award for the year 2014-15 -Tata Motors Supplier of the year award for the year 2014-15 -Ashok Leylands Best in class performance in Quality award for the year 2014-15 -Volvo Eicher Overall cost excellence award for 2015

2017 -WABCO's Mahindra World City plant wins "Future Ready Factory Award" at India Manufacturing Excellence Awards 2017 -WABCO India Wins 2017 Road Safety Product and Solution Award from Federation of Indian Chamber of Commerce and Industry. -WABCO Signs Agreement to Acquire AssetTrackr in India. -WABCO INDIA Wins Prestigious Total Productive Maintenance Excellence Award From Japan Institute of Plant Maintenance.

2019 -WABCO Shareholders Approve ZF Friedrichshafen Acquisition".

2020 -ZF Completes WABCO Acquisition of commercial vehicle technology supplier.

2021 -ZF Acquires Bestmile's Technology to Lead the Digital Transformation of Transportation Services.

2022 -Company name has changed to ZF Commercial Vehicle Control Systems India Ltd. from WABCO India Ltd.. -ZF the largest supplier with the broadest portfolio to the commercial vehicle industry, shows a selection of its latest innovations and technolog advances at the IAA 2022.